Honasa Consumer, Mamaearth’s parent company, reported a net profit of Rs 26 crore for Q3FY25, almost unchanged from the previous year’s Rs 25.9 crore. Revenue from operations increased by 6% YoY to Rs 518 crore. The company showed strong growth momentum, with Mamaearth expanding market share and household penetration.
Sensex rises 300 points; Nifty above 24,350 as oil prices slide. What lies ahead?
On Wednesday, Indian stock markets rallied, buoyed by a decrease in oil prices and renewed optimism surrounding the reopening of the Strait of Hormuz, following